Filed Pursuant to Rule 424(b)(3)
Registration Nos. 33-55787 and 33-64179
PRICING SUPPLEMENT NO. 2, dated September 18, 1997
(To Prospectus dated January 23, 1997, and
Prospectus Supplement dated July 31, 1997)
(CUSIP No. 17120Q ZW4)
$3,500,000,000
Chrysler Financial Corporation
Medium-Term Notes, Series R
Fixed Rate Notes
Due 9 Months or More From Date of Issue
Principal Amount: $50,000,000
Issue Price: The price of the Notes will vary depending on prevailing
market prices at the time of resale.
Original Issue Date: October 9, 1997
Stated Maturity: October 9, 2012
Interest Rate: 7.00%
Interest Payment Dates: The 9th day of each month commencing with
November 9, 1997.
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attachment hereto)
Option to Receive Payments in Specified Currency: [ ] Yes [ ] No
(Applicable only if Specified Currency is other than U.S. Dollars)
Authorized Denominations:
(Applicable only if Specified Currency is other than U.S. Dollars)
Redemption: [ ] The Notes cannot be redeemed prior to maturity.
[X] The Notes may be redeemed prior to maturity.
Redemption Dates: The 9th day of each month, or the first succeeding
Business Day, commencing with October 9, 1998.
The Redemption Price shall initially be 100% of the principal amount of
the Notes to be redeemed.
Repayment: [X] The Notes cannot be repaid prior to maturity.
[ ] The Notes can be repaid prior to maturity at the option of
the holder of the Notes.
Optional Repayment Date(s):
Repayment Price:
Discount Notes: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period OID:
Agent's Discount or Commission:
Agent's Capacity: [ ] Agent [X] Principal
Net proceeds to Company (if sale to Agent as principal): $50,000,000
Agent: [ ] Merrill Lynch & Co. [ ] Salomon Brothers Inc
[ ] J.P. Morgan & Co. [X] Other: Smith Barney Inc.